123Tom's TA study group

[Citrati]

Very possible, especially with the huge volume spike on Friday.
That said the daily pinching BB's suggest either a pop or drop is coming. Price needs to hold above the midline and then hold above the downtrending 100 period to be in a position to launch significantly. Breaking and confirming above 4.67 would be a very strong statement. Breaking and holding above 4.48 gets price above the current longest and strongest resistance zone from a VbP perspective.
Agree that XBI and market need to be in AVXL's favor to get best benefit.
On July 28 I would like to see something of real progress that gives some concrete substance to effectiveness and not just a rehash of current info that leaves so much up to subjective interpretations and opinion.

Those are my current thoughts. Of course, I hold the right to change them at any time. 😎

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p78777286573

Green Trades.